Toddsterpatriot
Diamond Member
So a guy who's upset that big business rigs the laws in the country to benefit big business (and the wealth inequality it causes) is now a "comrade" who wants to kill people? Give me a break. Are you guys capable of thinking outside the black and white box you live in? At least give it a try...
The money is pretty much free (a very, very, very low interest rate). This rings especially true when we go into the bailout an the TRILLIONS in loans given out by the fed (research the recent audit findings).
1% controls close to half the wealth? So what? Did they steal it from you?
Then quit whining about it.
The money is pretty much free (a very, very, very low interest rate).
You know how much banks are currently borrowing from the Fed?
$6 million.
FRB: H.4.1 Release--Factors Affecting Reserve Balances--March 14, 2013
Under Primary Credit.
This rings especially true when we go into the bailout an the TRILLIONS in loans given out by the fed
Yeah, short term loans, long ago paid back.
First, when a big business lobbies congress to rig the game in it's favor, unfairly (happens all of the time across all industries), they ARE stealing money from the rest of us. It's like a baseball game where all of the rules serve to benefit just one of the teams. Who's usually going to win? I'm just calling for a fairer playing field, but I guess that concept is much to "radical" for you. Not sure why all of you "so called" conservative folks are so blind to the fact that there exists no such thing as a free market, and this is in part thanks to the Republicans! You can start with Farm Subsidies and go from there...
Second, $6 million? Come on. What do you call the Quantitative Easing that's been going on where the fed buys tens of billions of mortgage backed securities from the banks every month? I mean, I don't understand how you get to this figure.
Yes, big government/ big business corruption is bad. You think that's why 1% controls 50%?
Yes, $6 million is the loans at the Discount Window.
QE isn't loans.
How do I get this figure?
It's easy, that's the number. I gave you the link.
Any other questions I can answer for you, let me know.
Glad to clear up your confusion.